Qualcomm has acquired Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.

On June 9, Qualcomm announced that it would purchase Alphawave IP Group for an estimated $2.4 billion in implied enterprise value. Qualcomm’s fully owned subsidiary, Aqua Acquisition Sub LLC ...

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 AI Stocks on Wall Street’s Radar. On June 9, the company reported that it has agreed to buy semiconductor company Alphawave IP Group Plc for ...

Weili Dai will be worth about $3.3 billion after Qualcomm completes its takeover of Alphawave, Bloomberg estimated.

Qualcomm Inc. is acquiring Alphawave IP Group plc, a U.K.-based provider of technology for linking together chips, in a $2.4 billion deal.The companies announced the transaction today. It doesn’ ...

Qualcomm Monday said its $2.4 billion deal to acquire chip designer Alphawave Semi will “accelerate” the company’s expansion into the data center market, particularly for AI inferencing.

With Qualcomm’s plan to acquire UK chipmaker Alphawave, the company is trying to expand its AI and data center capabilities and reduce reliance on smartphones.

U.S. chipmaker Qualcomm agreed to acquire Alphawave for about $2.4 billion on Monday, as it expands into the booming AI data center market, sending shares of the British semiconductor company ...

Qualcomm is attractive now after news broke that it's buying Alphawave IP for $2.4 billion. Read why I maintain my buy rating on QCOM and more about the M&A.

Invezz.com - US chipmaker Qualcomm Inc (NASDAQ: QCOM). has reached an agreement to acquire UK-based semiconductor company Alphawave IP Group Plc (LON: IPO) for approximately $2.4 billion in cash, ...